Campaigns
Donor Terms and Conditions
Option for anonymous donations, if desired (if so, only the recipient knows the identity of the donor for receipt issuing purposes);option to donate without registeringoption to follow the project, receive email notifications of comments and updates;chance to receive rewards when offered by campaigners.
Crowdfunding on SFN also:
is Multilingualis Multicurrency accepts payments via bank transfer and Paypal or Credit Card
TYPES OF CAMPAIGNS
Three different types of campaigns:
All or nothing (with or without rewards for the donor) - This type of campaign needs a total goal to be reached by campaign's end date. If this condition is false at the closing date of the campaign all donations are refunded. This type of campaign is generally used when the project to be funded needs the total target, 100% of the amount indicated.Moneypot (with or without rewards for the donor) - This type of campaign accepts all donations. It's the perfect one to choose when it is not necessary to reach 100% of the target, ie. for daily operational needs for which any donation helps.Relief (no rewards for the donor) - This type of campaign only allows in-kind donations ie. for emergencies, natural disasters etc .. Choosing this type of campaign offers the option to add a list of needed items and specify collection and delivery terms.FEES - EXTERNAL COSTS
For "All or Nothing" and "Moneypot" campaigns donations can be accepted via:
Wire transfer. Fee for the donor depends on his bank's contract for the underlying bank account. The recipient pays a one-per-campaign fee of € 1.10 at the end of the campaign for the single transfer from SFN's to his account.PayPal. The donor is not required to open an account on Paypal, can use one of his cards, or PayPal's prepaid or his Paypal's funds. Donor does not pay any fee while recipient pays 0.35 € + 3.4% (here the updated conditions).FEES - SFN AND SUSTAINABILITY
All campaigns, including fundraising, following emergencies and disasters see no fee by SFN (except for the above listed ones charged by payment gateways, independent from us).
For standard crowdfunding campaigns, SFN keeps the commission, to our knowledge to date, at market's minimum, of 3%.